UFP Technologies Inc (UFPT)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 81,086 | 71,256 | 61,636 | 60,749 | 57,547 | 55,543 | 66,538 | 61,832 | 55,480 | 49,506 | 28,510 | 22,378 | 21,276 | 21,540 | 20,192 | 16,927 | 16,365 | 18,251 | 20,640 | 24,055 |
| Long-term debt | US$ in thousands | 176,875 | 199,500 | 35,200 | 30,000 | 28,000 | 39,000 | 53,000 | 56,000 | 51,000 | 67,000 | 96,000 | 91,000 | 71,000 | — | — | — | 0 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 342,760 | 329,146 | 310,176 | 295,016 | 286,091 | 272,383 | 260,285 | 246,484 | 237,545 | 226,159 | 207,290 | 199,078 | 194,446 | 190,753 | 186,314 | 180,819 | 176,893 | 172,439 | 169,212 | 166,275 |
| Return on total capital | 15.60% | 13.48% | 17.85% | 18.69% | 18.32% | 17.84% | 21.24% | 20.44% | 19.23% | 16.89% | 9.40% | 7.71% | 8.02% | 11.29% | 10.84% | 9.36% | 9.25% | 10.58% | 12.20% | 14.47% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $81,086K ÷ ($176,875K + $342,760K)
= 15.60%
UFP Technologies Inc's return on total capital has fluctuated over the past few years. It stood at 14.47% as of March 31, 2020, indicating a strong return relative to the capital employed. However, there was a gradual decline in the return, reaching its lowest point of 7.71% as of March 31, 2022.
Subsequently, there was a recovery in the return on total capital, with the ratio steadily increasing to 21.24% as of June 30, 2023, and maintaining relatively high levels in the following quarters. The return dipped slightly to 13.48% as of September 30, 2024 but then improved to 15.60% by December 31, 2024.
Overall, UFP Technologies Inc's return on total capital has shown variability, with periods of both decline and improvement. It is essential for investors and stakeholders to monitor this metric closely to assess the company's efficiency in generating returns relative to the capital invested.
Peer comparison
Dec 31, 2024